Permrock Royalty Trust 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on June 17, 2024, by Permrock Royalty Trust (the "Trust"), a Delaware trust with Argent Trust Company serving as Trustee. The filing announces a cash distribution to record holders of Trust Units as of June 28, 2024, based principally on production during April 2024.
Key Financial Metrics
- Cash Distribution: $486,630.74 total.
- Distribution per Unit: $0.040000 per Trust Unit.
- Payment Date: July 15, 2024.
- Record Date: June 28, 2024.
- Revenue, Profit, Margins, Debt, and Liquidity: The filing text does not provide clear values for these metrics; it focuses solely on the distribution announcement.
Material Changes
The filing does not explicitly detail material changes in financial condition compared to prior periods. It reports the specific distribution amount derived from April 2024 production.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or specific discussion of risks and contingencies beyond the standard distribution announcement. The information is deemed "furnished" and not "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the record date of June 28, 2024, to confirm eligibility for the distribution.
- Confirm the payment date of July 15, 2024, for cash receipt timing.
- Review the attached press release (Exhibit 99.1) for detailed production data underlying the April 2024 distribution.
- Check the Trust's unit count to validate the total distribution calculation of $486,630.74.